Bitmain to open first US-based ASIC chip factory: Bloomberg

840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDYvMDE5NzZkZWEtOTliMC03OTVlLTgwMmQtM2RlNDI2Yjc5ZTAx

Leading Bitcoin mining ASIC manufacturer Bitmain is set to open its first US-based production facility by early 2026 amid a broader industry shift to the US.

The world’s top Bitcoin mining application-specific integrated circuit (ASIC) manufacturer, Bitmain, is reportedly on the verge of opening its first US-based manufacturing plant.

According to a Tuesday Bloomberg report, Bitmain plans to open its first US-based ASIC manufacturing facility in the coming months. The company also reportedly plans to open a new headquarters in Texas or Florida by the end of the third quarter of 2025.

Irene Gao, Bitmain’s global business chief, told Bloomberg that chip production is expected to begin in early 2026, with full-scale manufacturing anticipated by the end of that year. She said the move is intended to accelerate delivery and repair times for US-based customers.

Read more

Subscribe for The Latest Crypto News and deals.

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

World Wide Crypto will use the information you provide on this form to be in touch with you and to provide updates and marketing.